PETALING JAYA: Despite inflationary pressure building up, the overnight policy rate (OPR) is expected to be maintained at 3.25% next year if gross domestic product (GDP) growth does not slide below 4%, according to economists.
When contacted by StarBiz, many of them concurred that inflationary pressure would build up but it would unlikely to justify a hike in the OPR. They are projecting inflation to rise by between 1.8% and 2.7% next year.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!